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Tron will soon be among the top 5 cryptos, here’s why

Published

6 years ago

on

Tron

The coin market has observed a hike in the TRON value recently. At the moment the coin is enjoying the 14th position, and it looks like they are just getting better, and might just enter the top 5 coins list soon.

With the Testnet that was launched on March 31st, the project seems to be doing pretty well in the market. Ironically, when it was started, Justin Sun, the project lead was quite confident about the success of this project.

Over the last few weeks, excluding the very last week, the crypto market faced a downfall because of various reasons. One primary factor that brought about this fall is the social media ban against the crypto market. Most coins including Bitcoin faced the repercussions of this event. However, when the crypto market saw this fall, Tron strategically brought out the Testnet.

With such exciting news that came up, a lot of people started showing interest in Tron. By 31st May of this year, the project will turn fully functional, and Tron will be working towards a decentralized internet. Understandably, with this project coming into being, the coin will be attracting decentralized app developers as well.

The Tron team was also appreciated for the migration function that was tested recently. With this new system in place, it is possible for people to send content through the network. The transfer of content will happen person to person without any interferences. This is a feature that will give Tron a position in the entertainment industry as well as it rewards the ones who make content, and at the same time, it is made extremely easy to use for everyone.

Subsequently, the Project Genesis is a dream project and has the potential to attract many developers. Considering that, it seems like there will be serious competition between Tron and other companies like Ethereum that are doing really well. Tron’s project is highly rewarding, and the best part is that the rewards come in currency, which is sure to attract a lot of people towards it. The reward pool totals up to USD 2 billion, and also comes with an array of programs – which is a boost to the Tron community.

The platform is also gaining attention because of the centralized nature of the platform which gives control to its users to put up things, and take them down as well. This is an answer to all the issues that were brought up against the crypto market recently.

The company is also working towards making the platform efficient and user-friendly. Recently, they succeeded to debug the platform. This was quite promising to the customer as it pointed out to a hardworking team making sure that its customers can use the platform well.

To add on to all these new developments, Coinflip which is a provider of Bitcoin ATM has added TRX along with other coins, making it more accessible for its users from the United States to buy the coin from the ATM directly without much trouble.

With all of these developments, it looks like Tron will be seeing brighter days and will be one among the top in the market soon.

We will be updating our subscribers as soon as we know more. For the latest on TRX, sign up for our free newsletter!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of fs999 via Flickr

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A Guide to Exploring the Singaporean ETF market

Published

2 months ago

on

February 20, 2024

By

Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

Published

4 years ago

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March 27, 2020

By

property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

Published

4 years ago

on

February 19, 2020

By

Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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